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This paper studies the effects of fiscal policy on net exports, the terms of trade and expenditure switching. Using data on government spending and consumption taxes for twelve euro area countries over 1996 to 2018, it shows that fiscal austerity shocks im ...
SO2, which is one of key components that can deteriorate the environment, can be relocated by international trade. Based on the EORA, the EDGAR databases and input-output model, this study calculated China's SO2 emissions caused by import and export, and p ...
Cuts to government spending rather than increases in consumption taxes are statistically associated with internal devaluations in the euro area during the period 2010-2014. Countries that cut spending experienced a decline in nominal wages, rising net expo ...
Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. It resides on the premise of hidden capabilities-fundamental endowments underlying the productive structure. In general, measuring the capabili ...
Cuts to government spending rather than increases in consumption taxes are statistically associated with internal devaluations in the euro area during the period 2010-2014. Countries that cut spending experienced a decline in nominal wages, rising net expo ...
The residential sector accounts for a large share of worldwide energy consumption, yet is difficult to characterise, since consumption profiles depend on several factors from geographical location to individual building occupant behaviour. Given this diffi ...
The integration of a large amount of Photovoltaic could be an issue due to the excess of power generation and the ability of the low-voltage grids to extract the energy to the upper level. Appropriate tariff structures could prevent the need for grid reinf ...
We study trade policy in a two-sector Krugman (1980) trade model, allowing for wage, import and export subsidies/taxes. We study non-cooperative trade policies, first for each individual instrument and then for the situation where all instruments can be se ...
This thesis contains four chapters, each of which utilizes new or unusual data sources to analyze a different area of financial economics. In the first chapter, I construct a novel dataset linking individual bankers to large borrowers in the U.S. syndicate ...
We study trade policy in a two-sector Krugman (1980) trade model, allowing for production, import and export subsidies/taxes. We consider non-cooperative and cooperative trade policy, first for each individual instrument and then for the situation where al ...
